Nissan Magnite set for a price hike in January'24. Check details

Nissan Motor India will be increasing the price of the Magnite compact SUV in January 2024. According to sources, the reason behind the price hike is the rising input costs and inflationary pressure. As of now, the percentage increase has not been revealed. However, before the price hike happens, the manufacturer is offering several offers on the Magnite.

Depending on the region, Nissan is offering benefits up to ₹97,550 on the Magnite. These benefits include accessories, cash discounts, exchange bonuses, finance offers and corporate discounts.

The Magnite is currently priced between ₹6 lakh and ₹11.02 lakh. Both prices are ex-showroom. It goes against the Renault Kiger, Hyundai Venue, Hyundai Exter, Citroen C3, Tata Nexon, Maruti Suzuki Brezza, Mahindra XUV300 and Kia Sonet.

Powering the Magnite is a 1.0-litre, three-cylinder, naturally aspirated petrol engine and a 1.0-litre, three-cylinder, turbocharged petrol engine. The naturally aspirated unit produces 71 bhp and 96 Nm whereas the turbo-petrol engine produces 99 bhp and 160 Nm. Both engines come with a 5-speed manual gearbox as standard. The turbo petrol also gets an optional CVT automatic transmission that reduces the torque output to 152 Nm. The naturally aspirated engine gets a 5-speed AMT, for people who are on budget.

The manufacturer recently also launched the Kuro Edition of the Magnite in the Indian market. Wrapped in an all-black exterior and interior theme, Magnite Kuro will basically be the black edition of one of the most affordable SUVs in India. Kuro is a Japanese word which means Black in English.

Watch: Nissan Magnite Kuro Edition launches in India: First Look

Nissan Magnite Kuro variants will come with similar glossy black exterior colour scheme. The Magnite Kuro will get blacked-out grille, skid plates, bumpers, headlight accents, door handles and roof rails painted in black. The only chrome on the exterior is the Nissan and Magnite badgings at the front and rear. The alloy wheels will come with red calipers offering some colour relief from black. Overall, there are no design changes in the Magnite Kuro edition.

Check out Upcoming Cars in India 2024, Best SUVs in India.